Stock Futures Dip as Investors Await Key Payrolls Data 
Will a new border deal with the US open a backdoor into Kiwis’ personal data? 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Gold Loses Shine as Crude Oil Surges: Safe-Haven Metal Retreats Toward USD 4,500 Support 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
U.S. Strikes on Iran Draw War Crimes Warnings from International Law Scholars 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
What does China’s host bid mean for the High Seas Treaty? 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Wall Street Analysts Weigh in on Latest NFP Data 
How the war in Iran is already affecting UK farmers and food production 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding? 
Australian Macro Outlook:
The RBA left the cash rate unchanged at 1.5% in the recent monetary policy meeting, as widely expected and forecast continues to maintain status quo in the near future.
The recent data flow has been mixed; retail sales slumped while building approvals bounced.
From last month’s surprise, weakening increases the significance of last week’s labor data which has remained unchanged.
The strong inbound migration to nudge Kiwi retail card sales higher.
Japanese Macro Outlook:
Business sentiment improved from the end of last year but remains cautious.
The PMI rose in March as services strengthened and manufacturing declined.
Wage inflation remained anemic in February.
Inflation expectations have been flat since the BoJ introduced its inflation overshoot commitment.
Option Trade Recommendations:
Please be noted that the implied volatilities are spiking in between 11.9% to 12.4% of 3m and 6m tenors of this pair.
Buy 6m 78.0 AUDJPY one-touch put, sell a 3m in premium-rebate notionals.
Buy 3m AUDUSD ATM vs sell 1y AUDJPY 25D Put, 1.5:1 AUD vega.
Buy 4m sell 2m AUDJPY OTM put at 79.0 strike in 1:0.753 notionals.
